The Middle East Solar Industry Association’s (MESIA) latest Solar Outlook Report says that despite rapid growth in solar deployment across the Middle East and North Africa, the area’s power mix is still dominated by fossil fuels. It says growth will be led by utility-scale solar, but it calls for a balanced approach involving distributed energy projects.
The module manufacturing facility is located in Dresden, eastern Germany, and has an annual capacity of 300 MW.
The Hungarian government has earmarked HUF 62 billion ($169 million) for grid-scale energy storage projects in a bid to facilitate further deployment of renewable energy sources.
Investment totaling €315.35 million ($337.8 million), consisting of funds from Eurobank and the Recovery and Resilience Fund Greece 2.0, will allow UK developer Lightsource bp to begin developing a 560 MW solar project located in the east of mainland Greece.
France’s EDF Renewables, South Korea’s Korea Western Power Co. (KOWEPO), and Abu Dhabi Future Energy Co. (Masdar) have agreed to jointly design, finance, build and operate a 1.5 GW solar project in the United Arab Emirates, under a power purchase agreement (PPA) with Emirates Water and Electricity Co. (EWEC).
Germany reached 86.2 GW of cumulative installed PV capacity at the end of March 2024.
Chinese module maker JinkoSolar says a fire broke out at its integrated module manufacturing facility in Taiyuan, China’s Shanxi province. It says the incident could affect its 2024 annual results.
Chinese inverter manufacturer Sungrow shipped 130 GW of inverters last year, reaching a profit of $1.3 billion.
The renewables arm of Singapore-based fund manager Cambridge RE Partners has unveiled plans for its first Australian project. It has submitted a development application to establish a 300 MW solar farm in northern Queensland.
Sales of electric three-wheelers (e-3W) in India surpassed 580,000 units in 2023, compared to 320,000 vehicles sold in China, according to the International Energy Agency (IEA).
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.